CBE’s net foreign assets exceed $11bn in September 2025
The Central Bank of Egypt (CBE) announced that its net foreign assets (NFAs) rose to $11.048bn — equivalent to EGP 529.6bn — in September 2025, up from $10.629bn (EGP 517.3bn)…
Banks, companies inject EGP 92.3bn under mortgage finance initiative for low, middle-income citizens in September 2025
The Social Housing and Mortgage Finance Fund (SHMFF) announced that banks and mortgage finance companies participating in the state-backed initiative for low- and middle-income citizens had extended a total of…
Pakistan launches ‘precision strikes’ on Afghan border militants after suicide attack
Pakistan said on Saturday it had conducted "preemptive precision strikes" against militant camps along its border with Afghanistan, killing dozens of fighters, after a suicide attack killed seven of its…
Trump urges Ukraine conflict freeze, dashes Zelenskyy’s hopes for advanced arms
US President Donald Trump has proposed that Russia and Ukraine freeze their conflict along the current frontline, warning that a failure to do so could mean the war "may never…
CIB’s Hisham Ezz Al-Arab wins Global Finance lifetime achievement award
Global Finance magazine has recognised Hisham Ezz Al-Arab, Chief Executive Officer and a board member of Egypt’sCommercial International Bank (CIB), with its Lifetime Achievement Award, the publication's highest individual honour.…
Egypt’s Al-Mashat discusses MIGA portfolio, second EU assistance tranche with officials
Egyptian Planning and International Cooperation Minister Rania Al-Mashat has held meetings with officials from the World Bank's investment guarantee agency and the European Commission to discuss expanding private sector guarantees…
Al-Sisi reviews Cairo Airport’s new terminal project designed to handle 30 million passengers annually
Egyptian President Abdel Fattah Al-Sisi on Saturday reviewed progress on the construction of the new passenger terminal “Terminal 4” at Cairo International Airport — one of Egypt’s flagship infrastructure projects…
Pakistan says preemptive strikes thwarted planned militant attacks from Afghanistan
Pakistan said on Saturday it had conducted preemptive precision strikes against militant camps along its border with Afghanistan, thwarting multiple planned militant attacks that were to be launched during a…
Egyptian Amateur Open golf tournament relaunches after 15-year hiatus
Egyptian Amateur Open golf championship has been relaunched after a 15-year absence, joining the Arab Golf Series in a move aimed at boosting the sport's profile in Egypt and the…
Americana Restaurants Egypt Unifies Education Initiatives Under “Education for All = Food for All”
Americana Restaurants Egypt has launched “Education for All = Food for All”, a unified initiative that consolidates all the company’s education and youth empowerment programs, reinforcing its long-term commitment to…